Some steelmakers in Canada and Mexico are telling customers that they are refusing new orders to the US on concerns that President Donald Trump soon will reimpose duties.

President Trump’s likening of America’s northern neighbor to Mexico fails to compute.

Tariffs of 25 percent could hit goods from Mexico and Canada entering the U.S. as soon as next month, Donald Trump announced on Monday while signing executive orders, signaling the beginning of a potential trade war that could have major effects on the U.S. economy.

While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.

The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.

President Trump opted against deploying a blanket tariff against U.S. trading partners, but kept the heat on Canada and Mexico.

During his first term in office, President Donald Trump oversaw the renegotiation of a continent-wide trade deal that he hailed as "the fairest, most

Trump plans 25% tariffs on Canada, Mexico. What will it mean for Iowa's economy, farmers? Last time it left a $2 billion dent

As U.S. President Donald Trump mulls imposing 25% duties on imports from Canada and Mexico on Feb. 1, focus has shifted to the sectors likely to bear the brunt of the tariffs.

Jonathan Levin is a columnist focused on US markets and economics. Previously, he worked as a Bloomberg journalist in the US, Brazil and Mexico. He is a CFA charterholder.

North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.